Daily Market Updates: Bank of Japan set to hike in December: Why the Japanese Yen is still weakening anyway

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Bank of Japan set to hike in December: Why the Japanese Yen is still weakening anyway

Reported · FXStreet source summary · Major Pairs

The Japanese Yen (JPY) remains under sustained pressure near multi-month lows as USD/JPY pushes above the 160.00 level for a second consecutive session, prompting official warnings from Japanese Finance Minister Katayama regarding one-sided and rapid foreign exchange moves.

Latest closeUSD/JPY 159.73 ▲0.7%

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FXStreetBank of Japan set to hike in December: Why the Japanese Yen is still weakening anyway

Forex

Bank of Japan set to hike in December: Why the Japanese Yen is still weakening anyway

More like this

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